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ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery


Wayne Jones
для CryptoPotato
ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery

Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week.

On the other hand, Binance’s futures market data suggests that the dip may be close to running out of steam, which could set the stage for the next rally.

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Ethereum (ETH) Liquidation Frenzy Signals Deeper Crypto Shakeout Ahead

Ethereum (ETH) Liquidation Frenzy Signals Deeper Crypto Shakeout Ahead

Market experts eye a bullish October for Ethereum despite market fear.
Buy the Dip? ETH Hits Key Support as Q4 Rally Looms

Buy the Dip? ETH Hits Key Support as Q4 Rally Looms

Ethereum (ETH) trades near $4,200 after a 20% drop, with analysts pointing to key pat...

ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery


Wayne Jones
для CryptoPotato
ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery

Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week.

On the other hand, Binance’s futures market data suggests that the dip may be close to running out of steam, which could set the stage for the next rally.

Читать материал на CryptoPotato

Читать больше

Ethereum (ETH) Liquidation Frenzy Signals Deeper Crypto Shakeout Ahead

Ethereum (ETH) Liquidation Frenzy Signals Deeper Crypto Shakeout Ahead

Market experts eye a bullish October for Ethereum despite market fear.
Buy the Dip? ETH Hits Key Support as Q4 Rally Looms

Buy the Dip? ETH Hits Key Support as Q4 Rally Looms

Ethereum (ETH) trades near $4,200 after a 20% drop, with analysts pointing to key pat...